User Account

All Pages

Is this weird estimator linear

Assignment Help Microeconomics
Reference no: EM13882298

Here is an estimator for the population average that might be applied when you know the data generating process produces only nonnegative numbers. Take each number in the sample, square it, find the average of the squared values, and take its square root. In equation form, the formula for this Weird estimator is

√(∑i=1nYi2/n)

Is this Weird estimator linear? Why or why not? Is it unbiased? A simple example that supposes there are only two possible, equally likely values for Yi will suffice to answer the question about bias.

Reference no: EM13882298

Questions Cloud

Analyze the role this director took during the emergency : Select one (1) FEMA director whom you believe performed admirably during a major U.S. emergency or crisis. Next, analyze the role this director took during the emergency or crisis. Provide a rationale for your response
Explain multiple aspects of the managerial planning process : Explain the multiple aspects of the managerial planning process
What do the weights in column d look like : The Odd estimator of the population average gives each odd-numbered obser- vation a weight of 2/n. Apply this estimator in the UnivariateSample sheet. What do the weights in column D look like?
Evaluate the profitability of entering the market : Evaluate the profitability of entering the market
Is this weird estimator linear : Is this Weird estimator linear? Why or why not? Is it unbiased? A simple example that supposes there are only two possible, equally likely values for Yi will suffice to answer the question about bias.
Analyze a complex value creation system using management : Analyze a complex value creation system using management concepts
Find the se of the difference of the sample averages : The difference between the average wage of the Experienced workers and the average wage of the Inexperienced workers is $3.10 per hour. Why can we not conclude that experience raises a person's wage based on this fact?
How would you describe mark zuckerberg’s leadership traits : How would you describe Mark Zuckerberg’s leadership traits
Evaluate the effectiveness of the advertising message : Based on your research and assigned weekly readings, discuss methods a marketer can use to evaluate the effectiveness of the advertising message for the advertisements you selected

Reviews

Write a Review

Microeconomics Questions & Answers

  How will the policy steps affect the nations employment

Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation's employment, inflation, real interest rate and real exchange rate over the long ..

  Price elasticity of demand and total revenue

Explain the relationship between the price elasticity of demand and total revenue. What are the impact of various forms of elasticity (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Explain using empi..

  Plot the nominal m2 and real m2 data against time on same

go to the federal reserves web site www.federalreserve.gov. under economic research and data link you will nd the data

  Supply and demand diagrams

Describe each of the subsequent using supply and demand diagrams.

  Explain how each of the assumptions of perfect competition

Explain how each of the assumptions of perfect competition contributes to the fact that all decision makers in perfect competition are price takers.If the assumptions of perfect competition are not likely to be met in the real world, how can the mode..

  Given the demand and cost estimates

Given the demand and cost estimates, what price should you change if you want to maximize your weekly profit?What output should you produce? What is your weekly profit?

  When the company charges different prices in each market

LA Market p = 50 - Q The company estimates its total cost function to be: TC = 40Q. Calculate the following: a. quantity, total revenue and profit when the company maximizes its profit and charges the same price in both markets. b. quantity, total re..

  Calculate the mean and standard deviation

Calculate the mean and standard deviation of 1-year and 20-year Treasury Constant Maturity Rates data series. Using the graphs and the results

  Fixed factor in the short run

In the economic theory of the company, we generally discuss only 2-factors, labor and capital, and in short run labor is variable factor and capital is the fixed factor of production.

  Achieve through the use of its antitrust policy

What are the differences among horizontal, vertical, and conglomerate mergers? What does the U.S. government hope to achieve through the use of its antitrust policy?

  Discuss how they represent the overall mission

Select and analyze two functions of the Bureau of Industry and Security, and discuss how they represent the overall mission of the agency.

  What is the price elasticity of supply at the market

Suppose the market demand curve for a product is given by: Qd = 500 - 15P + 20I and the market supply schedule is: Qd = -25 + 10P + 10K. The initial values are I = 10, K = 5.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd